Essay about Toshiba Accounting Scandal

3594 Words May 27th, 2016 15 Pages
Toshiba CSR Audit:
The Relationship between Japanese Corporate Governance and Toshiba’s Accounting Scandal
Ryan Shane
West Chester University

MGT 313-08
Dr. Fisher
March 15th, 2016
Table of Contents
Introduction……………………………………………………………………………...……………………………………………………………3
CSR Analysis…………………………………..…………………….…………………………………………………………………………………4
Stakeholder Analysis………………..………….…………………………………………………………………………………………………5
Consumer Analysis…………………….…………………………………………………………………………......................5
Shareholder Analysis……………...…………………………………………………………………………………………………6
Employee Analysis…………………….……………………………………………………………………………………………...7
Executive Management Analysis……………..………………………………………………………………………………..7
Role of Government, Business &
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In the aftermath of the scandal, there were negative, long-reaching effects on a variety of stakeholders.
According to Carroll & Buchholtz (2014), ethics can be divided into two major theories, Teleological and Deontological. An example of these theories are the sub-theories of utilitarianism for Teleology and categorical imperative for Deontology (Carroll & Buchholtz 2014). Utilitarianism can be summarized as the end result of a decision justifying the means by which the decision was made. If the benefit outweighs the cost, that is all that matters. On the other side of the spectrum is categorical imperative, which can be summarized as the opposite; ethical decision making being driven by a sense of duty as opposed to consequence. In today’s world of business, I believe an under-developed CSR to be almost synonymous with a utilitarian corporate governance structure. Conversely, I believe a well-developed CSR to be synonymous with a deontological corporate governance structure.
After analyzing the Toshiba CSR report from both 2014 and 2015, it becomes clear that the unethical corporate culture that allowed for this scandal to take place was the result of under-developed, utilitarian-structured CSR policies. As a point of reference, I would classify pre-2015 Toshiba as having some, but not all of the…

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